2013-01-01
2013-01-31
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CNBC 111
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English 111

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it in dell. we had the president talking today. more bipartisan politics, you know. i'm just not a believer in that. i think that's the overhang of this market. i'd like to see the deals done. creates headlines but that's about all it is. >> good to see you. thank you for being with us. we're coming off the lows of the day. stick around. we're going to get more insights from a very savvy analyst on whether this dell rumor is true or not. and what it says about the technology industry and the pc market as well. as we head to the close, the dow up 20 points. that's the first hour of "the closing bell." second hour of "the closing bell" with maria bartiromo ww where are you seeing conviction on the buy side? are there sectors where you see buyers continually day in and day out? >> energy and financials, those are the short answers. >> good answer. thanks for that. let me does you, tim hollands, how are you putting work to be in this environment? what kind of year do you expect it to be? >> we don't have price on the dow, but we continue to look at more domestic-facing companies and industries,

including the developing story you're hearing about regarding dell that it may be in talks with private equity firms. the stock has been surging but it's off the highs of now. up about 12%. more on that coming up. >> new data showing managed funds. plus the one thing that has him worried more than anything else. >>> also stand by for two huge exclusive interviews heading your way. intercontinental exchange ceo jeffrey sprecher and then preet bharara will be with us as well. >>> we've got a market at the highs of the afternoon with a gain of 25 points on the industrial average. a big boat load of bank earnings coming this week. waiting to see what it was. nasdaq negative as we approach the final stretch now. all of the best levels of the afternoon. it's been negative. s&p 500 looks like this. it's a similar chart pattern. even though we're still in the negative column for the standard & poor's. >>> to the top story. is dell being boughtout? john? >> a report today said several banks have been contacted on the possibility of taking dell private. that accepted the stock up more than 11% wi

? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. ♪ [ male announcer ] when we built the cadillac ats from the ground up to be the world's best sport sedan... ♪ ...people noticed. ♪ the all-new cadillac ats -- 2013 north american car of the year. ♪ for a limited time, take advantage of this exceptional offer on the all-new cadillac ats. office superstore ink retailer in america. now get $6 back in staples rewards for every ink cartridge you recycle when you spend $50 on hp ink. staples. that was easy. >>> it is time for the lightning round. sell sell sell sell sell. sell sell sell sell sell. i do not know the calls ahead of time. are you ready ski daddy. starting with adam in new york. adam. >> booyah jim. >> booyah adam. i want to know what you think about agnc. >> i used to fight this one tooth and nail. i think the yield may not always stay that high. but i'm going to say, buy buy buy. >> samantha in north carolina. >> i'd like to know if silver coins should be held

for discussions about dell going private. we'll have that discussion at 5:20 eastern time. before that, we'll head over to singapore to talk iron ore as rio tinto says it's boosting production by 15% this year. >>> meanwhile, just over an hour and 10 minutes into trade in europe, on the dow jones stoxx 600, 50/50. or 300/300, depending how you want to view it. we had a pause last night. right now, we're down .04%. the ftse 100 down 0.0 %. the xetra dax down 11 points, ibex down 71 points and 40 down 1.5 points. italy slightly higher on the bund yields. sannish yields back over the 5% mark. on the currency markets, euro/dollar is at 1.3361. dollar/yen pulling away from its nine-month highs at 88.70th at the moment, as well. that's where we stand in europe. sixuan has more for us from singapore in the asian session. >> sure. thank you, ross. asian markets were a bit of a mixed bag. the shanghai composite gained .6% after yesterday's 3% job. since then, numbers were boosted by china's top security official who said beijing could lift the quota for investors to invest in the mainland markets by as muc

's a lot of chatter today about dell. at one point it stopped trading 9 and 12 and change. let me give you my feeling on dell. michael dell is a man with integrity who is fed up with the stock. they have moved dramatically away from pc. 50% of the business is overseas and they do a lot of enterprise work. i think michael dell is a motivated person who may actually do something to bring out value. even though typically i would not recommend the stock on a takeover basis, dell is very cheap and i think if it sells off, don't worry about it. dell may actually be right here. just for you, right here on "mad money," i'm jim cramer and i will see you tomorrow! >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." it's getting nasty again. today, president obama promises not to compromise on the debt ceiling. as usual he demonizing -- demonizes republicans for hurting our elderly and the troops. meanwhile the white house won't deliver its own budget in time and still wants to raise more taxes. we're about to hear a response from a republican house member. >>> that's not all.

competitive threat. microsoft though, a winner with its new partnership with the social media firm. dell and its possible plans to go private. that's another story that we continue to track in the tech space. that stock seeing heavy volume in today's trade as more reports circulate and speculation rises. retail, a pocket strength with express. that's the teen retailer leasing the pack after upping its guidance and better than expected retail sales for december. that also helped gap among others move higher and another bright spot to take "new york post." biotext, specifically the biotech players that specialize in the anti-obesity drugs. positive commentary from last week's jpmorgan health care conference seems to be helping the stocks move higher and lastly aside from that, the financial stocks providing leadership as well ahead of tomorrow's big day of earnings. jpmorgan, goldman sachs on tap and speaking of earnings, maria, ebay also set to report on wednesday. the street looking for an eps of 69 cents on revenue of $3.9 billion. >> back to you, seem a. thank you. >> new troubling inf

>>> good morning. today's top stories, dell reportedly holding talks to go private. jpmorgan has ordered to fix lapses in its risk management and fed chairman bernanke has a warning for congress. raise the debt ceiling or put the u.s. economy st. at risk. it's tuesday, january 15th, 2013 and "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. we've been watching the u.s. equity futures and at least at this point you can see they do look like they're indicated to open a little lower. right now, dow futures down by about 16 points below fair value. the s&p futures are about 2 points below fair value. we have some different nebs going on at the top of the screen than we do on that fair value board. we'll check on that, as well. >>> dell is said to be in talks with private companies in reports of a possible guyout. the journal says jpmorgan is involved in the negotiations. dell shares have been soaring near an eight-month high on first word of this news yesterday. you can see u

the numbers. you can consider dell part of this number. yes, dell, the big service company that has been hurt by this rapid expansion at a time when no one trusted overseas markets. now dell might actually go private ♪ hallelujah and it would make sense because half of dell's money comes from overseas. exposures to europe is doing terrific clee. both have been kept back by worries. both ceos have said over and over, it's an issue. how about ford and general motors? have you seen these two? ford made the best chart in a book. it's screaming. company doubled its dividend and getting european losses under control while china and latin america turned the corner. the darn stock has never looked back. shares in the open market to work its way out of the position, both ford and gm have been kept out of the international headwinds and now there is tail winds. the most obvious between 2012 and 2013 is the banks. huge increase in the finances and no exposure to europe. now it's the huge spanish bank, of all places. it's been on a roll. get this. jpmorgan just this morning put royal bank of scott labd

as we dissect that report today, david will be discussing what their strategy is regarding dell. >> no comment on that on the conference call, by the way. >> listen, this is all -- dell is all still moving forward. you know, as our reporter said earlier this week, in the not too distant future. a few things to quickly point out on dell that may have missed in my reporting from a week or so ago. dell has been going through a process for quite some time to enhance shareholder value. it started last summer when they engaged with banks that start to explore, should we split the company, is there a possibility there. are there any strategics that would be out there that might be interested. then they ended up with this plan to pursue the leverage buyout. so when we do see an announcement as we still likely are to with this leverage buyout, and others say there's a conflicted process that we don't like, that perhaps we'll start with the price, they're going to present a lot of what they've already done. the special committee will have already presented what they've already considered,

trade joining us today. dell shares sharply higher today. after david faber broke the news that microsoft is now in talks to help finance that buyout of dell. david joins us now with more details. they are getting a party together, aren't they? >> yes, they may very well indeed do that. there are still talks, bill. it's not a done deal, that is, until the terms of the lbl itself or microsoft's investor. we reported microsoft is cont contemplating between a $1 billion and $3 billion investment. not in exyou but considered a mezzanine financing similar between debt and equity having the name of a preferred, unclear whether it's ever convertible into a equity stake, but people might understand why microsoft would at least have interest. of course, it has $66 billion worth of cash. much of that is overseas and there might be a possibility using the overseas cash without paying significant penalties on the use of it. of course, it has an interest in one of its biggest customers continuing to do well. all of this, of course, would add to the overall financing for this huge lbo of

the break. thank you, sir. buy dell or not to buy dell. dell does go private i think it will be at roughly almost 15. they broke the news this afternoon that they would like to do a deal at 14 or a15. there is only so much cash flow to go around to continue if the deal was done. he will not do a deal that could hurt the long-term fortunes of his company. because there isn't enough earnings for them to keep it up here. even though it is deal that has been the company. those fortunes have been spent to design systems that are loved by governments. and that is terrible. plus we know that the enter price that has been ruled by the crowd. it is funny when the stock was only at 11 i thought what an opportunity. but as it got closer to 13. if you owned it you need to sell it if it goes closer to 14 tomorrow. let's talk about if the stock goes back to 10. at that time remember half of dell's business is global. it isn't including the possibility that we develop a tax regimen in this country. but that has to happen and it doesn't include the notion that you and i haven't thought of. a wealthy playe

... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> almost five and a half years ago it was the rapt heard round the world, cramer calling out the fed for not understanding the magnitude of the crisis that resulted in financial market turmoil. >> i have talked to the heads at almost every one of these firms in the last 72 hours and he has no idea what it's like out there. none. bill pool has no idea what it's like out there. my people have been in this game for 25 years, and they're losing their jobs, and these firms are going to go out of business and he's nuts. they're nuts! they know nothing! >> cramer -- >> i have not seen it since i went five bid for half a million shares of citigroup and i got hit in 1990. this is a different kind of market. the fed is asleep. >> a lot more evidence cramer was right, as shown in the minutes of the meeting that took place days after that tape. william pool, said my own bet is the financial market upset is not going to change fundamentally what is going on in the real econ

. >>> the debate kicks off whether dell can, a, raise the money to go private, and b, reinvent itself without going through cash flow. the journal said the talks have been serious for weeks. >>> lululemon doing a downward dog this morning. raises guidance but not enough to impress investors. >>> the battle over the debt ceiling has warranted a warning from fitch. they said it will prompt a formal review of u.s. credit ratings. fitch does add it expects congress will ultimately approve a ceiling increase. the head of global sovereign ratings for fitch, david riley, will join us in the next hour. bernanke weighing in on the debt ceiling in michigan late yesterday. >> raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its existing bills. it doesn't create new deficits, it doesn't create new spending. so not raising the debt ceiling is sort of like a family which is trying to improve its credit rating saying, i know how we can save money, we won't pay our credit card bills. not the most effective way to improve your credit rating. >> the metaphors,

. that hadn't happened yesterday, but we reported on it last week. and dell, buyout talks appear to be advancing which people didn't think they would. and david faber reporting talks between 13.50 and $14 a share. the investments from silver lake and other potential investors roughly $2 billion, and the debt financing, people want to do it. seen as oversubscribed. michael dell is expected to invest fresh money in the transaction, and faber says an announcement could come within two weeks, which is less than six weeks, which is what people were saying yesterday. >> all right. >>> other technology news, apple's vice president of retail has left the company. jerry mcdougal was a potential candidate for the company's now-vacant senior vice president of retail position. shares of apple falling below $500 this week. look at that -- $487 a share. premarket higher by a buck. you see ever since the foen 5 actually came out -- the iphone 5 actually came out, people are selling on the news, reports of whether or not they've cut the number of orders for parts internally has pressured the sto

tonight. >> up next, which dudes may be buying dell as his rivals contemplate taking dell private. i'll talk about private equity giant kkr of what he thinks of these reports over a deal. you won't see this interview anywhere else. keep it right here. plus, will rising commodity costs melt down wendy's bottom line? sure hit chipotle stock. wendy's ceo speaks with me exclusively on the other side of this break. also, jane wells will do anything for a good story. she's been working out on a treadmill. jane. >> reporter: maria, let me put down my big gulp. as you know the camera adds ten pounds and this is a rough business to be heavy n.well, maybe every business is a rough business to be heavy in, especially if you're in channel. we'll talk about that in a minute. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. and his new boss told him two things -- cook what

. that means the lending is not going on. we're still at increasingly a low economy. if you buy back the dell, you don't go to the banks anymore. you find other sources of money. i think that the financial story and economic story is saying this is not the kind of financial environment that leads to rapid growth. >> interesting. >> okay. >> you tied it in to dell and jpmorgan and everything else. excellent. larry, thank you. >> my pleasure. >> join us tomorrow. "squawk on the street" begins right now. >>> good wednesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, and jim cramer and david faber at the new york stock exchange. stocks had a pretty nice day yesterday. the s&p closed at five-year highs. we are looking to the down decide this morning. the dow looking to lose about 62 at the open. the picture in europe, a couple of downgrades for gdp forecasts from both the german government and world bank. italy is down by 1.5%. road map this morning starts off with the banks and earnings. jpmorgan higher. goldman sachs at 18-month highs. >> japan airlines gro

. >> told we have some breaking news on dell. uh-oh, what's going on? >> david faber has been working the story and has confirm some of the details out there in terms of jpmorgan advising dell silver like partners appears to be the driving force in terms of private equity firms looking to make an investment in dell and perhaps take it private. another factor, a canadian pension fund also looking perhaps to take a major stake there. dell at the highs of the day, monster volume today on dell, bill. over 131 million shares. that's well over four times the average daily volume over the last ten days and it's spiked in volume with all the speculation. >> and a tremendous amount of skepticism that they would even be able to figure out a leveraged buyout. >> shares of a seven and a half month high. >> all right, bertha. thank you very much. as we head towards the close here, we've got the dow up 32 points at highs of the session. is the stock market set up for a fall though with fitch warning on america's credit rating due to the debt ceiling fight? our market pros will weigh in on that, plu

-- but this company is a parts assembler, unlike dell. this is just a multiworldwide build, and they're hostage right now to one company and they have to solve that. >> there's the intangible of the impact on the consumer. you read these reports about the battery which generates oxygen if there's a fire, so it basically fans itself, so it's much more difficult to put out these battery fires on these planes. >> it took them 40 minutes to put out the fire in boston. that's a problem if you are in flight, even though there are other mechanisms to make sure the smoke leaves the airplane. >> the faa got ahead of it, the japanese plane company -- this is wrong, boeing has to get ahead of it, they have to gives a timeline, explain what's going on, and the stock will begin to recover. until then i think they have fallen well behind the story. that's unlike them. they should say we're a great company and we will do everything right. we're not getting that yet. >> boeing shares holding 73 right now. in the meantime we're also watching shares of citi falling premarket, the bank posting fourth quarter operating

of a potential buyout of dell. one more time >>> before you can get to the bell, you got to go through the mad dash. we are here with jim at post 9, what you are calling a battleground over bed bath. >> people have been saying over and over again, don't get involved with this thing, 'cause it's gonna be amazoned. in other words, this is another one of those retailers, like best buy, you can get most of the stuff at amazon. this call is very interesting, listening, maybe we have reached the bottom of the kurig cycle. people buy the green mountain kurig there and it slowed. you know what, this is one of those stories, it has got a beautiful balance sheet. i have often jested to david neighbor they're bed bath would make a natural leveraged buyout. he has questioned how much equity you have to put up in it. the balance sheet is clean and the company does not like wall street. look at the conference calls, like, here, take that, i can't do an icahn. i know we have a good icahn imitator here it has missed. it is a good, sheep stock. you have to have great faith. love to shop there but they coupon t

business challenge, dell has the technology and services to help you solve it. >>> good morning. welcome back to "squawk box" here on cnbc. i'm joe kernen along with becky quick and andrew ross sorkin. u.s. equity futures at this hour are slightly lower. did close down 51 points or so yesterday. making headlines, a pilot program for volt in the stock market is now not likely to be rolled out until april. not seeing a whole lot of volatility. we could use a little volatility. i don't know whether we need to ramp down the volatility at this point? we got a 13 on the vix. changes and financial industry groups want more time to prepare. it's the so-called limit up limit down initiative was approved by the s.e.c. back this june. it would pause trading of individual u.s. listed stocks if they loved outside of praise range based on where they had recently traded. during the time-out, traders would assess whether they get a time-out. >> actually, this is a good thing. it will prevent the flash crash test. >> it will give us a chance to find out whether the stock's move was a glitch or a move. th

challenge, dell has the technology and services to help you solve it. > i'm jim cramer. welcome to my world. you need to get in the game! firms are going to go out of business, and he's nuts. they're nuts. they know nothing. i always like to say there's a bull market somewhere. "mad money," you can't afford to miss it. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to save you money. my job isn't just to entertain but to teach you. call me at 1-800-743-cnbc. at the beginning of every new year, i like to nail down some themes, some themes that could be safe -- safe places to tread on down days like today where the dow sank 51 points, s&p gave up .31%, and nasdaq declined .09%. these are themes that can withstand the test of circumstances around us, whether it be the upcoming debt ceiling fight -- ♪ >> or potential chaos overseas. just -- or just the overall sense that our economy isn't creating the jobs we thought it would. [ heartbeat ] >> this show i thought it would be important to have big themes to fall back on. ri

? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> i like to say there's always a bull market somewhere, and i promise to try to find it for you on "mad money." i'm jim cramer and i will see you tomorrow. >>> good evening, everyone. i'm larry kudlow, this is the "kudlow report." in washington, the obama team pushed its gun control agenda on three fronts today. talking to walmart, the nra, and hollywood. and the administration package is starting to take shape and we're going to walk you through it. also in washington, d.c., president obama finally makes it official and nominates jack lew for treasury secretary. but, he received a quote obscene million dollar bonus as his boss obama would put it while working at citibank which got bailed out to the tune of $45 billion. is that part of the jack lew story that's going to make him toxic in his confirmation hearings? >>> and we go out to san diego where the family of the late nfl star junior learned he had a brain disease when he committed suicide. did football kill him? >>> and back to hollywood

of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> time for the final trade. scott? >> yahoo! got downgraded on fears about his reorganize plan. that is one of those times where doing nothing would be the biggest risk of all. >> tim? >> sell arco. >> anthony? >> rim into the product announcement. >> karen? >> actually talked myself into some walgreens. >> grasso? >> google. below $700. i might overstay my welcome but i got even longer after that ftc ruling on it. >> all right, i'm melissa lee. see you tomorrow, 9:00 a.m., we have the ceo of coinstar. and then more "fast money" on cnbc. meantime, "mad money" >>> i'm jim cramer. welcome to my world. you need to get in the game! firms are going to go out of business, and he nuts. they're nuts. they know nothing. >> i always like to say there's a bull market somewhere. >> "mad money," you can't afford to miss it. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to save you money. my job isn't just to entert

read dell's possible private equity move? what do you read into that? >> i read into that specific circumstances with dell. there have been problems getting those sorts of size deals done in the private equity markets in europe. perhaps we're seeing a special case of that in europe. >> do you expect the euro to remain weak for the rest of the year? >> i expect the eurozone crisis to remain weak. people will look carefully at special situations across europe. >> and best performer of 2013? >> it's impossible to tell. let's say the whole of the market. >> very diplomatic answer there. david simple sop, thank you very much for coming by. some hopeful signs there. straight ahead on the program, talking of hopeful signs, our next guest is at u.s. oil production not seen since the 50s. what does it mean? we'll explore that when we come back. . >>> welcome back to "worldwide exchange." these are your headlines. the bank of japan steps up its easing agenda under heavy government pressure, doubling its inflation target and promising open ended qe starting next year. >>> president obama lays

... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> i'm jim cramer. welcome to my world. you need to get in the game. firms are going to go out of business and he's nuts. they're nuts. they know nothing. i always like to say there's a bull market somewhere. "mad money," you can't afford to miss it. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. just trying to save you a little money. my job is not just to entertain you but educate and teach. call me 1-800-743-cnbc. don't you just hate reality? boo! don't you hate it when you know the numbers are too high or the world is simply not yet in a place where you can be confident that things are okay? the thought don't you hate that some members of the federal reserve think that we have reached a great place so it is time to stop helping the economy. the heat don't you hate that washington doesn't care what place that we are in at all. don't you hate that karma. >> house of pleasure. >> house of pain. >> dow sinking 55 points

-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> time for cramer's mad dash. let's talk supervalu. important deal taking place for the company. basics are you'll get a 30% owner, $4 a share. that would be service also taking on albertson's. >> i was worried about the balance sheet and worried about the earnings. >> still a risk, but it is a refi. this is essentially a way to refi the company, take out some of the risk that you're talking about. >> if there isn't a tender at $4, does the back end trade much lower? what i'm trying to do is protect people from paying $3.50 if that turns out to be not a good price. >> people are trying it-to-figure out it-to to figur out 30% at $4. let's not forget this company tried to sell itself for quite some time. private equity overall very large. that has been the case in private equity. there's been a multiple problem when it comes to private equity. very high multiples. not enough growth. >> is there a larger conclusion to that supermarkets are still investable. it was successful in bringi

-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principapal. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ >>> you're watching cnbc "squawk on the street." we're waiting for the opening bell to ring in about 1:20. it could be a big day for

by the lower standards we have adopted. >> let me ask about sort of the stories out there. for example, dell. would you be interested in investing in dell? >> well, we haven't -- we're not looking at dell. we think there's a lot of opportunity to buy good companies in the united states now. debt is pretty cheap and readily available. you know, the history of buyouts that are $20 billion or more is not replete with a lot of success. we would be cautious about something that large. we're not looking at it. >> in terms of sectors then, do you think financial services, manufacturing, technology, where would be most tune sonic. >> it energy -- opportunistic for you? >> the energy industry is big because of fracking techniques. that's a great place to invest. health care is attractive. the obama administration and other factors in the united states give the united states -- about 20% of gpd s in health care. the baby-boomers are retiring, they will spend on artificial hips, knees, and have the money to do it. that will be a great area. the third area is manufacturing. there's a revolution going on

business challenge, dell has the technology and services to help you solve it. how did i know? well, i didn't really. see, i figured low testosterone would decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with low t have androgel 1.62% (testosterone gel). the #1 prescribed topical testosterone replacement therapy, increases testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman, which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer >> okay. why equityholders might do pregnant or are breastfeeding,e should not use androgel. serious side effects include worsening of an enlarged prostate, possible increased risk of prostate

. i'm bill griffith where you do pronounce the "h." dell dragging the dow lower and dreamliner grounding planes after an emergency landing. more on that developing story coming up in a little bit. >> dimon roughed up a bit, jamie dimon's compensation takes a by the due to the hits they suffered due to the so-called london whale. >> banking sector did pretty well today. >> overall, and it was a merry christmas for ebay. we're going to find out. those earnings will hit just after the bell about an hour from now. holiday sales will tell the story. we'll have what it means, the instant analysis as soon as the numbers are released. >> first let's get you caught up on the market in the final stretch. dow jones industrial average down about 24 points. very much a steady administration for the last hour or so. 13,510, last trade on the blue chip average and nasdaq composite moving higher. real momentum in tech today. the highs are just, yeah, right at the highs right now with a 13-point move on the upside. nasdaq and s&p 500 higher by just about a point. is the dow set to break that fi

? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> welcome back. the risk reward scenarios are being calculated. each year the group releases top risks for the year that will impact the markets and how your money is made and lost. to take us through is ian bremer. >> good to be back. >> thank you for joining us. there was a time you could not avoid talking about the bricks. everybody was looking at the bricks for growth. now you're looking at the bricks in a different way. is this one of the risks? >> i'm saying you can't even look at the bricks as a group anymore. brazil is becoming a developed state. and the downside risk is low. it's becoming more understandable. you look at a company like russia, you couldn't classify it as an emerging market. there's nothing about russia that is emerging. it's not improving in political reform, breathtaking corruption, brain drain, financial flight. aside from an energy sector, russia's submerging and india is slowing down and has no political will and no capacity to move on economic reform. so actually

challenge, dell has the technology and services to help you solve it. >>> all right. look in terms of trading perspective and we're trying to be investors in 2013, i did not like the way the market closed because the financials reversed. remember, real bull markets and real good action always led by the financials. got to see them turn around. there's always a bull market somewhere, promise to try to find it for you here on "mad money." i'm jim cramer and i'll see you tomorrow. >>> good evening, everyone, this is the "kudlow report." gun controls are coming whether we like it or not, this cannot be done by executive decree as vice president biden suggested today. congress must vote, and then, again, a full-court press on guns has now apparently put walmart into the conversation. >>> also in washington as i feared, obama's staff chief jack liu is headed for the treasury. i think it's a bad appointment, wrong on every count. we'll have howard dean and steve forbes debate the issue. >>> and in cooperstown, new york, rampant steroid use has resulted in this, no one will be inducted int

? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> people have spoken and they like bank of america. me, i'm concerned about bank of america's quarter after the reaction to wells fargo. what was a very good quarter. i like pulte home. we'll test the housing company's mettle when lennar reports and the stock could pull back. you want to be ready with a buy in the housing business. there is a bull market somewhere. promise to find it just >>> good evening. everyone. i'm larry kudlow. this is "the kudlow report." a developing story tonight. four democratic senators send a letter to president obama urging him to do whatever he can to sidestep congress and increase the debt ceiling. but he cannot legally or constitutionally do that. john boehner reacts by saying washington must stop spending money it doesn't have. >>> speaking of sequester spending cuts, defense department is gearing up, so is homeland security. and the tsa. did you get your paycheck today? notice something missing? the payroll tax holiday is over. will this middle class tax hike

of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> final trade. tim seymour? >> ttm, take some profits. >> dan? >> vix. >> b.k.? >> jjg, buy it. >> doc j? >> deck. unusual activity following up on yesterday's takeover rumors. >> thank you so much, i'm melissa lee. meantime, don't go anywhere because "mad money" with jim cramer starts right now. >>> i'm jim cramer. and welcome to my world. >> you need to get in the game. go out of business and he's nuts! they're nuts! they know nothing! i always like to say there's a bull market somewhere. "mad money," you can't afford to miss it. other people want to make friends, hey, i'm just trying to help you save a little money. my job is not just to entertain, but i'm trying to coach and teach you. so call me at 1-800-743-cnbc. just when you think the stock market can't keep rallying, when you think that stocks have gone up too far, too fast, the buyers, they come in with a vengeance today! ♪ hallelujah . dow climbed 82 points, closed the at a five year high. why did the stocks rally? why

business challenge, dell has the technology and services to help you solve it. >> i'm jim cramer, and welcome to my world. >> you need to get in the game. firms are going to go out of business and he's nuts! they're nuts! they know nothing! i always like to say there's a bull market somewhere. "mad money," you can't afford to miss it. hey, i'm cramer. welcome to "mad money," welcome to cramerica. other people want to make friends, trying to save you a little money here. my job's not just to entertain, but to educate, teach you how the market works. call me at 1-800-743-cnbc. the script right now says the companies are supposed to be performing horribly. we're supposed to be geared for disappointment. which makes it so unfathomable that the averages rally today. dow gaining 62 points, s&p rising .27%, nasdaq climbing .45%. what do you do? i have to put myself in the mind of the market. what do you do when a gigantic fortune 200 company you haven't heard of but with everything with testament -- what do you do when they say things are much better than expected? how do you spin that

information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> welcome back. qualcomm has revealed a new lineup of chips at the consumer electronics show in las vegas. our own jon forth is covering all the action in vegas and joins us with a special guest, qualcomm ceo. >> thanks, maria. qualcomm has taken a very important position at ces and is delivering the opening keyknow. i want to ask about that announcement that you made about the new lineup of chips, 800, 600 and new chips coming at the lower end entry level. emerging markets extremely important for smartphone growth going forward. when will the lower end chips be available roughly, and how confident are you that you'll really be able to dominate in that segment the way you have at the higher end? >> well, the low-end chips are obviously important because there's the huge growth that you talked about in the emerging market so what we did is focused on a slightly different business model there. we actually delivered not just the chip bu

on the sentiment side. all about the death of the pc and the likes of intel and dell and hp selling off and now it's completely the opposite where a lot of the stocks have had pretty nice runs, whether it's because, you know, they have announced restructurings or buybacks, and now it's kind of the -- maybe not the death of it or whatever, but you've had a very nice pullback. very interesting how quickly you've seen that rotation in technology, and i kind of point people back to the fall as to how quickly things change in a hurry. >> thanks very much. have a great weekend, and we will talk soon. >> thanks. >> appreciate your time tonight. major averages hitting three-week winning streaks with the dow and the s&p 500 touching five-year highs. bob pisani has all the action today. >> the important thing is let's take a look back and see where we're at. put up the screen. dow industrials joining the s&p 500 at a five-year high, historic highs on the transports. on the russell 2000, the small-cap index. in the heart of earnings season, and i see signs that stock-picking is mattering again. look at multi

of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, it'but sleep train's huge foryeais ending soon.models for a short time, save hundreds on tempur-pedic mattresses. get the most highly-recommended bed in america at closeout prices. plus, get interest-free financing and free same-day delivery. why wait for the new models? sleep train's year end clearance is ending soon. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >>> pfizer, one of my absolute favorite big pharma companies with a fabulous pipeline, 3.6% yield is now in full-on breakup mode. and as regular viewers of this show are quite aware, we can't get enough of these breakups here on "mad money." in fact, the idea of splitting up your company in order to instantly unlock value for shareholders is one of my top ten themes for 2013. here's the flashback. remember that one? the smart companies, they aren't just standing t

challenge, dell has the technology and services to help you solve it. >>> what can i say about apple? of all the things that went wrong with that lackluster quarter yesterday, worst of all, by far was last night's imperious condescending conference call. the stock got hit with a host of downgrades and price cuts on its way to a 63-point comedown, in large part because the call explained nothing about what's really going on. some companies just don't want to do the call. they don't want to waste their time, be constrained by those wall street analysts who spend all their time building models rather than sleek, elegant, beloved machines. they don't have to defend themselves or their actions to these analysts or make the case for their stock in the face of queries from lesser minds. in short, they don't want to have to justify anything they've done beyond simply informing these overpaid jack ls. these companies believe in the form of wall street guidance. the thing speaks for itself. i don't blame anyone, any management feels this way. going through these conference calls is not unlike wasting

knaves who wouldn't know the difference between a sleek mac, lamborghini, and a dell or hewlett-packard. but there's a gigantic elephant in the room and that's the stock price. it will not be ignored. apple seems to believe the stock is not obeying the will of the satisfied customer or hearing the charms of the management or marching to the tune of the most innovation, the ipad mini. unfortunately the stock is now reacting to the litany of mundane inputs which have trapped the stocks of other companies. real demand, competition from other companies, gross margins, something made by a samsung, for heaven's sake. i thought they were like a steel company. the stock is reacting to how much money is being made on each item. the dreaded nitpick of gross margins. that mundane, nasty number that its inferiors, competitors are suddenly making superior product at least in the minds of some of the less savvy consumers out there, the superior. what must be really galling to apple is the fact these analysts actually think they need ammo to stay positive, ammo to do something as simple as bre

for a possible dell deal. because h. rks is actually the worst performing dow component in the last ten months. tough times for all of teches. intel and microsoft also seeing big declines. and home depot riding the housing market. and bank of america lifted by financial sentiment. bank of america though, the worst performer since the 2007 rally. down 78% since then. alcoa down almost as much app and hp down 67%. the biggest winner again home depot. ibm and mcdonald's also up more than 60% since 2007. >> which dow 30 stock should you buy today that will be the big winners? joining me with their picks are harry clark and peter taus. good to see you guys. what kind of a move, harry, do you think the dow makes in the next five to six years? >> earlier today jpmorgan strategists had 20,000 for the dell in four years. i think that's entirely possible. we could be at 15,000 this year. i went with several ideas for the future. with financials we've got economic recovery. financials would be leading that. jpmorgan in my favor there. went with energy independence. chevron for that one. and then for ente

. dell is over $13 a share. the overall s&p hit a fire year high. up 15%. the last two months and it is up 6% that is a bullish independent cater. good retail sales report today. let's talk with ken with capital growth. i sthout tthought the retail sa number website as up. things are looking better than was first thought. there was a major upturn in automobile sales. and it has happened in the last couple of weeks. isi data which i have been received for the hast few years. is probably associateded with the fears of the fiscal cliff. driving it is building up people's kstsz about the fuconf in their own net worth. >> how about the stock market itself? >> that is a wealth cray toreat. >> confidence in the future is building. i think you are going to see economic growth. and it is going to cause the fed to change it's policy. short-term interest rates are going to go up as well. you are going to see many stocks which will be enhanced if interest rates move up. >> what would some of those groups be if you are correct, that benefit from it. >> life insurance companies and all of t

artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> we have a rule around here, you can't have the opening bell until you get the "mad dash," even on a friday. ubs takes jcpenney to a -- >> cash flow preservation. this is amazing. we are trimming fourth-quarter sales to minus 28%. >> from minus 20? >> look, guys, you can't run a company at that level. you can't fire people fast enough. you can't take merchandise out of the store fast enough. this is very worrisome report. the preferred is what i like to watch because that had a big move over 19. carl, i don't know. this is an obituary. now, of course, they have a caveat, you know, maybe things can be okay, come back. we still believe jcpenney is repairable. it's kind of like the debt that's maybe greatly exaggerated, but holy cow. >> they say any fix will require a change in the turn-around when you go back to the discounted idea. in that case, it deserves a premium like most traditional department stores. >> exactly. i've got to tell you, i go to

business challenge, dell has the technology and services to help you solve it. >>> presidential inaugural addre addresses are supposed to be less than a campaign speech. listen for yourself. >> fidelity requires new responses to new challengemis. preserving freedoms requires collective action. to me that spells more government. but listen to this next one. >> the commitments we make to each other. these things strengthen us. [ applause ] they do not make us a nation of takers they free us to take the risks that make this country great. >> with all due respect those entitlements are going to have to be reforped reformed to avoi bankruptcy. coming up next on the kudlow report. [ man ] i've been out there most of my life. you name it...i've hooked it. but there's one... one that's always eluded me. thought i had it in the blizzard of '93. ha! never even came close. sometimes, i actually think it's mocking me. [ engine revs ] what?! quattro!!!!! ♪ barrow island has got rare kangaroos. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a st

30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. >>> day after day we are being blown away by this market. tell the truth. the thing simply won't quit. somehow this market keeps taking out its highs when people are being made incredibly bearish and worried. we have to ask ourselves what is going on here? come on. i look at charts. break out, break out, break out, break out. tonight we are going off the charts to see what is going on. carolyn borodin, this woman is a fabulous technician who happens to be my colleague at thestreet.com. although after the calls she's made of late, she belongs in buckingham palace. she has nailed this market. over and over again she

's a retailing icon. >> it earns more than microsoft, dell, johnson & johnson. if you look up coca-cola's earnings, target earns more than any of those companies. >> more than 350,000 employees, more than 1,750 stores in 49 states, 30 million guests visit their stores in a single week. >> how do we move forward faster? how do we improve the profitability? how do we improve the guest experience? >> i think one of the smartest things target did was reach out to people who are excellent designers and have them do lines exclusively for the store. >> and then they can say, "i just got this isaac mizrahi dress at target for 50 bucks!" and it became almost a badge of honor to say that. >> target's growing enormously. target's in places that you wouldn't expect to see a discounter. >> we want to be america's favorite store. we want them to drive by all other retail competitors because there's something special about target. >> hi. my name is russell simmons, and i love target. >> my name is katrina bowden, and i love target. >> hi. i'm kelly rowland, and i love target. >> july 2010, target

to be bullish. >> right. look, new ceo coming in. always been a great company. i'm watching dell as a play from pc to services. maybe that could be good. intel was an inexpensive stock. it was an underperformer in the dow. david, i'm going to look at you, you're going to hate this because i'm going to ask you something. >> go ahead. >> obviously linked to intel, down 44%. we like bank of america and citi. is there a way, if you look at the intel upgrade, is there a way to think because of ultra books that hewlett-packard might be able to pull out of this tail spin? >> yes, there is a way. >> how would it happen? >> you subscribe part of it. but eshall see. when it comes to hewlett-packard, there are so many moving parts. the difficulty of the turn-around is so widespread from an organization that we pointed out many times has well over 300,000 employees. we'll see. will there be signs of progress in 2013, jim, i think is really the key question. because then you might give investors something to at least latch onto with the hopes that 2014 will be a real key -- not that this isn't. this is the

? ♪ whatever your business challenge, dell has the technology and services to help you solve it. [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> ahead of the u.s. open, the first spanish bond auction of the year. we've just seen the spanish ten-year go below 5%. it's been a while since it was below 5%. so confidence as far as equity plays are concerned continuing right now. i don't know if we can show anybody that. i can tell you it has gone below 5%. we turn our attention now back to latin america. venezuela's supreme court has discussed plan toes delay venezuela's hugo chavez's inauguration. this as the opposition party steps up

anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> welcome back to the program. >> samsung will forecast an operating record profit in the fourth quarter. >> and aig considers legal action against the u.s. over its massive government bailout. >>> yes, talk about that. aig's board is meeting reportedly tomorrow to consider whether to sue the u.s. government over its $182 billion bailout which it just finished paying off. the "new york times" suggests the aig may join a $25 billion suit filed by former ceo hank greenberg. th

challenge, dell has the technology and services to help you solve it. [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> and a recap of the headlines today, ininvestors focus from the fiscal cliff to fundamentals as the s&p 500 starts the week at fresh five-year highs. regulators water down bank liquidity rules giving a boost to financial stocks in europe. >>> and no takeover for alitalia right now. air france denies it's trying to buy the flagship carrier. >>> so the -- fairly dry on last week's deal to avoid the fiscal cliff. but congress is gearing up for the next hike over whether to raise the u.s. debt ceiling. it's expected

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